Rep. Nancy Pelosi: Nothing left to cut in budget — ‘the cupboard is bare’

House Minority Leader Nancy Pelosi says Republican-led efforts to rein in government spending are pointless because there is nothing left to cut in the almost $4 trillion-a-year federal budget.
“The cupboard is bare. There’s no more cuts to make. It’s really important that people understand that,” Mrs. Pelosi, California Democrat, said in an interview broadcast Sunday on CNN’s “State of the Union.”

“We cannot have cuts just for the sake of cuts.”
The federal budget has doubled in size in 12 years, from $1.9 trillion in 2001 to $3.8 trillion this year.